Top Money Debts Quotes

Browse top 6 famous quotes and sayings about Money Debts by most favorite authors.

Favorite Money Debts Quotes

1. "In the days when money was backed by its face value in silver or gold, there were limits to how much wealth could flow around the world. Today, it's virtual money that the bank lends into existence on a computer screen. "And unless the economy continually expands, there is no new flow of money to pay back that money, plus interest." . . . "As it stands now, if banks start loaning money more slowly than they collect debts, the quantity of money in the economy goes down, and it's impossible to pay back debts. So we get defaults on houses . . . our economy plunges into misery and unemployment. Under our current monetary system, the only alternative to that is endless growth. So one absolute thing we have to change is the whole nature of the monetary system. . . . we deny banks the right to create money." . . . There's a challenge with that solution, he admits. "You're trying to take the right to create wealth away from some of the wealthiest people on the planet."
Author: Alan Weisman
2. "Perhaps he needs the money. Some of the men live too richly for their purses, if you understand me. Fame would allow him large debts, but everything has to be paid back in the end."
Author: Conn Iggulden
3. "Why do you butcher your carabao and feed a throng because your son is getting a wife?" Father always blustered to them who come asking for loans. But always, in the end, the tenants got the money--what they needed for a "decent" funeral, a baptism, a wedding. And as their debts piled up, they promised, "Next harvest will be good..."
Author: F. Sionil José
4. "[Richard Bedford Bennett] was the richest Prime Minister and the only millionaire to hold office before Pierre Trudeau. His money obviously colored his thinking -- colored it true blue -- but he did not consider it a political drawback. No leader, he said, could serve the public properly if he was constantly looking over his shoulder at the shadow of debts. This theory is now widely accepted in the United States where it has become practically impossible for a non-millionaire to run for high office without selling pieces of himself like a prize-fighter. Yet the public still suspects a self-made millionaire like Lyndon Johnson while revering the much-richer John F. Kennedy, who got it all from his father."
Author: Gordon Donaldson
5. "Liberalism does not preclude an organisation of the flow of money in which some channels are used in decision making while others are only good for the payment of debts."
Author: Jean Francois Lyotard
6. "That second man has his own way of looking at things; asks himself which debt must I pay first, the debt to the rich, or the debt to the poor? the debt of money, or the debt of thought to mankind, of genius to nature? For you, O broker! there is no other principle but arithmetic. For me, commerce is of trivial import; love, faith, truth of character, the aspiration of man, these are sacred; nor can I detach one duty, like you, from all other duties, and concentrate my forces mechanically on the payment of moneys. Let me live onward; you shall find that, though slower, the progress of my character will liquidate all these debts without injustice to higher claims. If a man should dedicate himself to the payment of notes, would not this be injustice? Does he owe no debt but money? And are all claims on him to be postponed to a landlord's or a banker's?"
Author: Ralph Waldo Emerson

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The straight path must sometimes be crooked."
Author: Carole Wilkinson

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